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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (28711)4/7/2010 10:49:36 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
Re: "When Landbanki collapsed, nobody had Deposit insurance."

Really??????????

(Do you have a link showing that or something?)

Because I heard that all those deposit accounts were SOLD *with* a government-backed deposit insurance guarantee on them.



To: Wayners who wrote (28711)4/7/2010 11:39:49 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
Found it:

Iceland

Deposit insurance in Iceland is handled by Depositors' and Investors' Guarantee Fund (Tryggingarsjóður) and covers a minimum of 20 887 euros.[19]

en.wikipedia.org